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Orgo-Life the new way to the future Advertising by AdpathwayOver half of India's FY27 fertiliser subsidy has been exhausted in under five months as global prices surged, raising the prospect of higher government spending
 "fertiliser subsidy, urea prices, fertiliser reforms, ICRIER, fertiliser imports, El Nino, kharif season, National Fertilisers, DAP, fertiliser sector")
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Average urea prices in the international markets had jumped to almost $947 per tonne (free-on-board) around May, up from around $447 at the start of the conflict in February, before coming down to $447 from July onwards
Sanjeeb Mukherjee New Delhi
3 min read
Last Updated :
Aug 24 2026 | 11:02 PM
IST
In less than five months of this financial year (FY27), 58.04 per cent of the budgetary allocation for fertiliser subsidies has been exhausted owing to a surge in global prices, particularly of urea, after the war started in West Asia, according to sources.
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